Concord Control Systems Limited , a prominent player in the industrial control systems sector, has announced a significant move to reward its shareholders. The company's Board of Directors has recommended issuing bonus shares in a 3:5 ratio, subject to shareholder approval.

Bonus Share Details

The proposed bonus issue will offer three new equity shares for every five existing shares held by eligible shareholders. Each new share will have a face value of Rs. 10. This strategic decision is aimed at increasing the company's paid-up share capital and potentially enhancing liquidity in the stock.

Financial Implications

The bonus issue, if approved, will have a substantial impact on Concord Control Systems' capital structure:

The company plans to issue approximately 37,95,092 bonus shares, effectively increasing its paid-up share capital by about 60%.

Funding the Bonus Issue

Concord Control Systems is well-positioned to fund this bonus issue, with ample reserves at its disposal. As of March 31, 2025, the company reported:

• Securities Premium: Rs. 68,36,56,320
• Surplus: Rs. 36,82,85,270.08

The bonus shares will be issued through the capitalization of the company's capital redemption reserve, securities premium, or general reserve, requiring an estimated Rs. 3,79,50,920 for implementation.

Timeline and Eligibility

Shareholders can expect the bonus shares to be credited within two months from the date of the board meeting, which was held on September 7, 2025. The company has stated that the record date for determining eligible shareholders will be announced in due course.

Regulatory Compliance

This announcement comes as part of Concord Control Systems' compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has duly informed the BSE Limited, where its shares are listed.

The bonus issue represents a significant corporate action for Concord Control Systems, potentially benefiting shareholders by increasing their holdings without additional cost. However, investors should note that while the number of shares will increase, the overall value of their investment remains the same as the stock price typically adjusts to reflect the bonus issue.

As always, shareholders and potential investors are advised to consider their financial goals and risk tolerance when making investment decisions.

Concord Control Systems Limited (CCSL), a leading manufacturer of embedded electronics systems and critical electronic solutions for the railway sector, has announced a crucial board meeting scheduled for September 7, 2025. The primary agenda of this meeting is to deliberate on the potential issuance of bonus securities, a move that could significantly benefit the company's existing shareholders.

Key Points of the Announcement

• Meeting Date: September 7, 2025
• Time: 12:00 P.M.
• Main Agenda: To consider the issuance of bonus securities

Implications for Shareholders

The consideration of bonus securities issuance is a significant development for CCSL's shareholders. Bonus shares, if approved, would be additional shares given to existing shareholders without any cost, based on their current shareholding. This corporate action can potentially:

• Increase the number of shares held by existing shareholders
• Improve the liquidity of the company's stock in the market
• Be seen as a positive signal about the company's financial health and future prospects

Trading Window Closure

In line with regulatory requirements, CCSL has also announced the closure of the trading window for designated persons and their immediate relatives. This precautionary measure is designed to prevent insider trading and ensure fair market practices.

• Trading Window Closure: From September 4, 2025
• Reopening: 48 hours after the conclusion of the board meeting and declaration of the discussed transactions

Recent Technological Achievement

While the upcoming board meeting focuses on financial matters, it's worth noting that CCSL recently achieved a significant technological milestone. On September 4, 2025, the company announced the development of India's first 100% indigenous Zero Emission Propulsion System for diesel locomotive conversion. This breakthrough aligns with India's goals of achieving net-zero emissions and complete railway electrification by 2030.

Conclusion

The upcoming board meeting of Concord Control Systems Limited marks a potentially important juncture for the company and its shareholders. While the primary focus will be on the consideration of bonus securities issuance, this development comes against the backdrop of significant technological advancements by the company in the railway sector. Shareholders and market observers will be keenly watching the outcome of this meeting and its implications for CCSL's future growth and market position.

Investors are advised to keep an eye on official announcements from the company following the board meeting for detailed information on any decisions made regarding the bonus securities issuance.